March allocation: FCTA disburses over N6bn to area councils, stakeholders 




The Federal Capital Territory Administration (FCTA) has disbursed the sum of N6,316,621,045.37 billion to the six area councils and other stakeholders as statutory allocation for the month of March, 2024.

The amount represents geometric increase of approximately 40 percent when compared to N3,938,092,102.92 billion shared in the month of February, 2024.

FCT Minister of State, Dr. Mariya Mahmoud, who presided over the 188th Joint Account Allocation Committee (JAAC), expressed satisfaction over the increase.

She, therefore, urged the Area Council Authorities to justify the monthly allocation by embarking on meaningful projects.

Mahmoud said; “the allocation to the area councils as its stands today goes beyond payment of staff salaries. It is, therefore, high time for the chairmen to embark on people orientated projects to justify the resources that goes to the councils.”

However, a breakdown of the figures released during the JAAC meeting indicates that the sum of N3,814,043,951.50 billion was made available for distribution to the six area councils, while the sum of N2,502,577,093.87billion was made available to other stakeholders, bringing the total sum to N6,316,621,045.37billion.

Similarly, distributions to the six area councils shows that the Abuja Municipal Area Council (AMAC), received N796, 985, 326.39million, while Gwagwalada got N606,666,131. 20 million and Kuje received N635,903,823.41million.

Other area councils include, Bwari Area Council which received N598,406,880.71million, Abaji got N564,901,838.77million while Kwali received N611,179,951.02million, bringing the total sum to N3,814,043,951.50billion disbursed to the six area councils.